The Impact of Information Technology (IT) Policies and Strategies to Organization's Competitive Advantage

The Impact of Information Technology (IT) Policies and Strategies to Organization's Competitive Advantage PDF

Author: Abdallah Ziraba

Publisher: GRIN Verlag

Published: 2018-04-25

Total Pages: 28

ISBN-13: 3668689954

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Case Study from the year 2018 in the subject Computer Science - Miscellaneous, , course: IT Policy and Strategy, language: English, abstract: The paper aims at reviewing the importance and various aspects of Information Technology (IT) policy and strategy formulation as well as the impacts of IT policy and strategy for competitive advantage in the organization. The paper reveals that information technology which is a vital tool used for a more effective and efficient communication is advancing at a great pace at and poses a great threat to organizations and employees right to privacy. The paper upholds that IT policy formulation is one of the best ways, to ensure effective IT standards, procedures, that protects organizational IT resources and controls information sharing. The article goes further to show how IT strategy formulation helps the organization (using the Information and Communication Technology University as a case study) to achieve its set objectives through policies which control mission-critical activities. The Authors reviewed a total of 23 peer-reviewed articles from prominent journals. The article addressed the following sections: The topic, abstract, introduction, literature review as well as summarized concepts of IT policy and strategy, Importance of IT strategy for business competitive advantage, discussions of organizational IT strategies with case study, impacts of IT policy and strategy on organization, purpose of IT policy and strategy in the organization, summary and conclusions/ findings. The study revealed that IT strategy formulation offers six key advantages which are; Creation of new IT services or products, Improved or quick decision making, Customer and supplier intimacy, Operational excellence, Competitive advantage, and Business survival. The ICT University was used as a case study. The study concluded that IT policies and strategies must align with the organization’s vision, mission-critical activities, in order to realize set objectives. It was recommended that any organization that succeed, should first set visions, adopt IT strategies, formulate IT policies in order to have a good sense of business direction for competitive advantage.

Strategic Information Technology

Strategic Information Technology PDF

Author: Raymond Papp

Publisher: IGI Global

Published: 2001-01-01

Total Pages: 312

ISBN-13: 9781878289872

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Managers and executives know the importance of integrating business strategy and IT strategy for competitive advantage. Strategic Information Technology: Opportunities for Competitive Advantage provides managers and students alike with an understanding and appreciation for the development of business and information technology strategies to yield competitive advantage.

Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making

Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making PDF

Author: Idemudia, Efosa Carroll

Publisher: IGI Global

Published: 2020-06-05

Total Pages: 459

ISBN-13: 1799833534

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To date, a plethora of companies and organizations are investing vast amounts of money on the latest technologies. Information technology can be used to improve market share, profits, sales, competitive advantage, and customer/employee satisfaction. Unfortunately, the individuals meant to use these technologies are not well equipped on how to effectively and efficiently use these tools for competitive advantage and decision making. The Handbook of Research on IT Applications for Strategic Competitive Advantage and Decision Making is a collection of innovative research relevant to the methodologies, theoretical frameworks, and latest empirical research findings in information technology applications, strategic competitive advantage, and decision making. While highlighting topics including agility, knowledge management, and business intelligence, this book is ideally designed for information technology professionals, academics, researchers, managers, executives, and government officials interested in using information technology for strategic competitive advantage and better decision making.

Does It Matter?

Does It Matter? PDF

Author: Nicholas G. Carr

Publisher: Harvard Business Press

Published: 2004-04-07

Total Pages: 193

ISBN-13: 1422129527

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Over the last decade, and even since the bursting of the technology bubble, pundits, consultants, and thought leaders have argued that information technology provides the edge necessary for business success. IT expert Nicholas G. Carr offers a radically different view in this eloquent and explosive book. As IT's power and presence have grown, he argues, its strategic relevance has actually decreased. IT has been transformed from a source of advantage into a commoditized "cost of doing business"--with huge implications for business management. Expanding on Carr's seminal Harvard Business Review article that generated a storm of controversy, Does IT Matter? provides a truly compelling--and unsettling--account of IT's changing business role and its leveling influence on competition. Through astute analysis of historical and contemporary examples, Carr shows that the evolution of IT closely parallels that of earlier technologies such as railroads and electric power. He goes on to lay out a new agenda for IT management, stressing cost control and risk management over innovation and investment. And he examines the broader implications for business strategy and organization as well as for the technology industry. A frame-changing statement on one of the most important business phenomena of our time, Does IT Matter? marks a crucial milepost in the debate about IT's future. An acclaimed business writer and thinker, Nicholas G. Carr is a former executive editor of the Harvard Business Review.

Technology and Strategy

Technology and Strategy PDF

Author: Richard A. Goodman

Publisher: Oxford University Press

Published: 1994-10-06

Total Pages: 302

ISBN-13: 0195359941

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In today's complex, dynamic competitive landscape, management of technology can mean the difference between success and failure. Managers and researchers alike need effective ways to conceptualize and develop technology strategies. Richard Goodman and Michael Lawless provide tools needed to integrate firms' technology capabilities with their competitive direction. Technology and Strategy presents models that help put technology and its market impacts into perspective. It addresses the broad questions of how technology and markets evolve, how technology can re-order the "rules" of competition, and how it can shift the balance of individual firms' competitive advantage. It also blends topics currently capturing attention in business circles--such as Total Quality Management and the resource-based view of the firm--into a clear view of technology management programs. Technology and Strategy also describes methods to develop specific strategies to cope with challenges facing executives--like evaluating promising, but untried, new technologies. Using actual case studies from the electronics and bio-tech industries, Goodman and Lawless demonstrate the use of new techniques to formulate strategy, including Technology Mapping and the Innovation Audit. Both were created to help executives choose the approach to technology best suited to their firms' particular capabilities. Offering clear, practical guidance through a complex, fast-changing world of competition, this new analysis of technology and strategy is a valuable guide for general managers, R&D and manufacturing managers, strategic planners, and academics.

Strategies for Information Technology Governance

Strategies for Information Technology Governance PDF

Author: Wim Van Grembergen

Publisher: IGI Global

Published: 2004-01-01

Total Pages: 416

ISBN-13: 9781591401407

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The advent of the Information Society is marked by the explosive penetration of information technologies in all aspects of life and by a related fundamental transformation in every form of the organization. Researchers, business people and policy makers have recognized the importance of addressing technological, economic and social impacts in conjunction. For example, the rise and fall of the dot-com hype depended a lot on the strength of the business model, on the technological capabilities available to firms and on the readiness of the society and economy at large sustain a new breed of business activity. However, it is notoriously difficult to examine the cross-impacts of social, economic and technological aspects of the Information Society. This kind of work requires multidisciplinary work and collaboration on a wide range of skills. Social and Economic Transformation in the Digital Era addresses this challenge by assembling the latest thinking of leading researchers and policy makers. The book covers all key subject areas of the Information Society an presents innovative business models, case studies, normative theories and social explanations

Does IT Matter?

Does IT Matter? PDF

Author: Nicholas G. Carr

Publisher: Harvard Business Press

Published: 2004

Total Pages: 222

ISBN-13: 1591394449

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A bold and controversial manifesto on where information technology is headed, how its role in business strategy will dramatically change, and what this all means for business managers and IT suppliers Does IT Matter provides the first cogent explanation of IT’s dramatically changing business role, its levelling influence on competition, and the practical implications for business managers and IT suppliers. A convincing manifesto on one of the most important business phenomena of our time, “Does IT Matter?” will play a central role in our ongoing debate about the future of IT.

Information Technology and Competitive Advantage in Small Firms

Information Technology and Competitive Advantage in Small Firms PDF

Author: Brian Webb

Publisher: Routledge Studies in Small Business

Published: 2008

Total Pages: 178

ISBN-13: 9780415417990

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Does Information Technology matter? This book argues that even as Information Technology hardware, software, data and associated processes are becoming more of a commodity, it has never been more important to manage Information Technology as a strategic asset. However, managing Information Technology as a strategic asset is notoriously difficult, as is studying the impact of Information Technology on firm performance. This book sets out to identify, explain and critically evaluate current research in this area. A unique feature of this book is the use of economic theory to explain management theory and its consequences in professional practice. Beginning with a thorough introduction to Schumpeterian economic theory, the authors re-cast the pre-eminent theory in strategic management research (the Resource Based View) in the light of a Schumpeterian analysis and identify Dynamic Capabilities as an extension of, but also a radical departure from, RBV. The role of Information Technology as an endogenous technology is discussed and it is argued that how we define Information Technology determines not only how we study it but also how we use it and benefit from it. The book is aimed primarily at the academic research market, but should also be of some interest to managers. It is useful more specifically for all those studying business, Information Technology, strategy, management and innovation.